
********************************************************************************
**#	TABLE 11: Shareholder Engagement and Agency Conflicts
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*Set file path
capture cd "C:\Users\austin.starkweather\Dropbox\Research\CD&A Disclosure\Analysis"
capture cd "C:\Users\joshw\Dropbox\CD&A Disclosure\Analysis"
use "Data\Temp\cda_n426_final.dta", clear

********************************************************************************
*Regressions: Columns 1 and 3
********************************************************************************
est clear
local controls size_w mtb_w roa_w lev_w abn_ret_1yr ln_analyst io_pct0 issrecno td_cboard_hc  dualclass dirvote_for_iss
eststo: xi: reghdfe shareldr_d_p1 		iss_treat interact_ccten comp_committee_tenure_ave `controls', absorb(fyear sic1)
eststo: xi: ppmlhdfe shareldr_count_p1  iss_treat interact_ccten comp_committee_tenure_ave `controls', absorb(fyear sic1)

********************************************************************************
*Regressions: Columns 2 and 4
********************************************************************************
local controls size_w mtb_w roa_w lev_w abn_ret_1yr ln_analyst io_pct0 issrecno comp_committee_tenure_ave dualclass dirvote_for_iss
eststo: xi: reghdfe shareldr_d_p1 	   iss_treat interact_cboard td_cboard_hc `controls', absorb(fyear sic1)
eststo: xi: ppmlhdfe shareldr_count_p1 iss_treat interact_cboard td_cboard_hc `controls', absorb(fyear sic1)

esttab using "Output\Final\T11_agency_board.csv", b(3) ar2 pr2 title("Regressions of heterogenous shareholder engagement agency conflicts") varwidth(25) order(iss_treat comp_committee_tenure_ave interact_ccten td_cboard_hc interact_cboard size_w mtb_w roa_w lev_w abn_ret_1yr ln_analyst io_pct0 issrecno dualclass) star(* 0.10 ** 0.05  *** 0.01 ) replace
